Investment opportunity with built-in income and exciting future flexibility. This updated two-unit property offers options to maintain as a fully occupied rental, potentially occupy one unit while renting the other as leases permit, or explore a future multigenerational living arrangement. The front studio is leased at $775 through 11/30/26, and the rear 2BR/1BA is rented month-to-month at $1,320, producing current gross income of $2,095/month. Recent improvements completed from 2022-2026 include ductless heat-pump systems, sewer-line work, Unit B electrical-panel and gas-line upgrades, Unit A metal roof, tankless water heater, insulation, kitchen and bath updates, flooring and xeriscaping. Gas and electric are separately metered and tenant-paid; owner pays water, sewer and trash. Four confirmed off-street parking spaces plus potential additional tandem parking. City certification dated 5/2/22 supports the existing two-unit use as legally nonconforming. Both units occupied. APOD in docs, rent roll available. Buyers should independently confirm square footage, zoning and permitted use, financing eligibility, lease terms, parking configuration, and whether the property suits their intended use. Also listed as Residential, SWMLS #1108825.
Listed By
Agency Name: Realty One Group Concierge
Agency Phone: (505) 318-1111
Shown By
Agent Name: Wende Calvert
Agent Phone: (505) 452-6934
Agency Title: Coldwell Banker Legacy
Estimated Payment
$ 957.17 per month $656.54 Principal & Interest $214.58 Property Tax $86.04 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
1709 Walter Street Se | MLS# 1108732
This multi-family property located at 1709 Walter Street Se, Albuquerque, NM 87102 is currently listed for sale with an asking price of $295,000. Search Albuquerque real estate on wcalvert.cblegacy.com today.